Continental Re-Insurance Plc Placed on Full Suspension Over Proposed Scheme of Arrangement

Continental Reinsurance Plc (CRe) has through its
Stockbroker; Chapel Hill Denham Securities Limited requested for a full
suspension on the trading on its shares on The Exchange.

This is necessary to determine the shareholders that
will qualify to receive the scheme consideration following the resolutions
passed by the shareholders of CRe at the Court Ordered Meeting held on 20
December 2018 in favour of the proposal by CRe African Investments Limited (a
major shareholder of the CRe) to acquire all the outstanding and issued shares
of CRe for cash or shares.

This website makes use of cookies to maximise functionality and improve your experience on the website.By continuing to use this website, you consent to the use of cookies in accordance with Proshare's Cookie Policy. For more information on cookies and how to make choices regarding them, see our Privacy Policy. I Understand. Got It .